The company completed a 1-for-60 reverse stock split effective April 13, 2026. The action reduces outstanding common stock from approximately 87,912,831 shares to approximately 1,465,214 shares. Authorized common stock was reduced from 1,000,000,000 to 16,666,667 shares. Authorized preferred stock was reduced from 100,000,000 to 1,666,667 shares. Fractional shares resulting from the split are rounded up to the nearest whole share.